Jobs show surprising growth
Job seekers got some surprisingly good news from July's numbers.
August 5th, 2011
08:45 AM ET

Jobs show surprising growth

The U.S. job market strengthened in July, a welcome piece of good news that sharply contrasted with Thursday's sell-off on Wall Street and readings pointing toward an economic slowdown.

Employers added 117,000 jobs last month, well above the 46,000 jobs added in June, the government reported Friday. After a shockingly weak jobs number the previous month and a spate of other negative economic readings that followed, many economists had been bracing for the worst from Friday's report.

Trading in U.S. stock futures, which point to the direction stocks will take when regular trading begins at 9:30 a.m., surged after the report was released.

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Filed under: Economy • Jobs
soundoff (54 Responses)
  1. bob

    What we need is a jobs program like roosevelt had in the 30's.get the jobless rate below 7 and watch are country come alive.

    August 5, 2011 at 11:42 am | Report abuse |
  2. tko

    My question is this I am unemployed and have been for two years. Always looking for a job but never the less my check is $ 226 a week and there taken taxes out of that so really I get $ 174. Yet still the unemployment office is now telling me that I am not trying like really what do u want me to do I worked for seven years just starting out. Now they paint the picture as if I am begging!!

    August 5, 2011 at 11:42 am | Report abuse |
  3. atothep

    how close are we to the 2nd great depression?

    August 5, 2011 at 11:46 am | Report abuse |

    First off, yes Pizza Hut jobs will help our economy. Secondly the messiah could slap you in the face and you still wouldn't believe in anything. Pessimism keeps your fat asses rolling!

    August 5, 2011 at 11:49 am | Report abuse |

    That's great news. What's really shocking is the fact that alot of you people on here are so pessimistic. Almost every comment on here is so negative. Yes the Govt might be so screwed up at times but, for today, try and enjoy the good news. Did you guys really want to hear more bad news? I didnt. Not saying I wanna hear lies either. There's been so much turmoil in the past few weeks that it was about time we got some good news. Smile and have a great day. Don't be so negative people.

    August 5, 2011 at 11:50 am | Report abuse |
  6. independent

    God forbid that the economy show positive signs under Obama! These numbers must be doctored! Give me a break you Fox News sheeple...skeptic to anything positive, but if this were negative oh how you'd be clamoring. You wouldn't think twice about accepting the numbers then

    August 5, 2011 at 11:54 am | Report abuse |
  7. kamal bajwa

    Looking better if something better then they say its better they not lying every one know cast of lying7.

    August 5, 2011 at 11:59 am | Report abuse |
  8. Doubting Thomas

    It's up, it's down. It's left, it's right!?! BS! It's what "They" want the masses to believe.

    August 5, 2011 at 12:01 pm | Report abuse |
  9. "Growth"? That ain't growth.

    Every month, approx. 150,000 people enter the US job market, not counting illegal aliens. Add to that the number of people who have been and still are under or unemplyed, and you tally-up to the fact that we need about 1/4 million jobs/month for about 3 years straight just to get back to where we were in 1998. Their reports bring you fear of terror, and they bring you fear of debt-crisis. Where's the fear for our jobs crisis? They bullhorn the other...why don't they amplify this instead of trying to decieve US with numbers? 9% unemployment my azz.

    August 5, 2011 at 12:09 pm | Report abuse |
  10. shanickwa

    Obama best president since bill clinton we didn't have any debt win the god father ruled

    August 5, 2011 at 12:10 pm | Report abuse |
    • ksd

      You are on drugs or drinking Obama's koolaid

      August 5, 2011 at 12:33 pm | Report abuse |
  11. Ms. Banasy

    A little good news is appreciated, even if the majority of people are naysayers.

    August 5, 2011 at 12:15 pm | Report abuse |
  12. ed skidmore

    This is a lie the only jobs that were made was government jobs that we don't need just wait till Calif looks like tiajuana.

    August 5, 2011 at 12:16 pm | Report abuse |
  13. jame

    no growth! Try WORKING like the rest of us! My 5 yo can report the "news"

    August 5, 2011 at 12:17 pm | Report abuse |
  14. Ms. Banasy

    There will always be people who look at the dark side of things, no matter what picture they are looking at.
    I choose to be an optimist.
    Pessimists may say they're realists, but in actuality, they are unhappy people who want everybody else to be unhappy, too.

    August 5, 2011 at 12:19 pm | Report abuse |

      So true!

      August 5, 2011 at 4:39 pm | Report abuse |
  15. ksd

    We will not begin to get out of this mess until Obama and his cronies are out of Washington

    August 5, 2011 at 12:42 pm | Report abuse |
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